{"id":10817,"date":"2022-08-02T17:49:57","date_gmt":"2022-08-02T17:49:57","guid":{"rendered":"https:\/\/zhorse.net\/?page_id=10817"},"modified":"2023-05-21T21:18:25","modified_gmt":"2023-05-21T21:18:25","slug":"risk-based-auditing","status":"publish","type":"page","link":"https:\/\/zhorse.net\/applications\/risk-based-auditing\/","title":{"rendered":"Risk-Based Auditing\u00a0"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"10817\" class=\"elementor elementor-10817\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-374f177c elementor-section-stretched elementor-section-height-min-height elementor-section-content-middle elementor-section-boxed elementor-section-height-default elementor-section-items-middle\" data-id=\"374f177c\" data-element_type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;,&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-97a5292\" data-id=\"97a5292\" data-element_type=\"column\" data-settings=\"{&quot;avante_ext_is_scrollme&quot;:&quot;false&quot;,&quot;avante_ext_is_smoove&quot;:&quot;false&quot;,&quot;avante_ext_is_parallax_mouse&quot;:&quot;false&quot;,&quot;avante_ext_is_infinite&quot;:&quot;false&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-73ca6cd1 elementor-widget__width-inherit elementor-widget elementor-widget-heading\" data-id=\"73ca6cd1\" data-element_type=\"widget\" data-settings=\"{&quot;avante_ext_is_smoove&quot;:&quot;true&quot;,&quot;avante_ext_smoove_disable&quot;:&quot;769&quot;,&quot;avante_ext_smoove_duration&quot;:1000,&quot;avante_ext_smoove_rotatex&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:-90,&quot;sizes&quot;:[]},&quot;avante_ext_smoove_translatey&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:40,&quot;sizes&quot;:[]},&quot;avante_ext_smoove_translatez&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:-140,&quot;sizes&quot;:[]},&quot;avante_ext_smoove_translatex&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:-40,&quot;sizes&quot;:[]},&quot;avante_ext_is_scrollme&quot;:&quot;false&quot;,&quot;avante_ext_smoove_scalex&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:1,&quot;sizes&quot;:[]},&quot;avante_ext_smoove_scaley&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:1,&quot;sizes&quot;:[]},&quot;avante_ext_smoove_rotatey&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:0,&quot;sizes&quot;:[]},&quot;avante_ext_smoove_rotatez&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:0,&quot;sizes&quot;:[]},&quot;avante_ext_smoove_skewx&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:0,&quot;sizes&quot;:[]},&quot;avante_ext_smoove_skewy&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:0,&quot;sizes&quot;:[]},&quot;avante_ext_smoove_perspective&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:1000,&quot;sizes&quot;:[]},&quot;avante_ext_is_parallax_mouse&quot;:&quot;false&quot;,&quot;avante_ext_is_infinite&quot;:&quot;false&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.21.0 - 30-04-2024 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><span class=\"elementor-heading-title elementor-size-default\">Applications<\/span>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-742dda7c elementor-widget__width-inherit elementor-widget elementor-widget-heading\" data-id=\"742dda7c\" data-element_type=\"widget\" data-settings=\"{&quot;avante_ext_is_smoove&quot;:&quot;true&quot;,&quot;avante_ext_smoove_disable&quot;:&quot;769&quot;,&quot;avante_ext_smoove_duration&quot;:1000,&quot;avante_ext_smoove_rotatex&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:-90,&quot;sizes&quot;:[]},&quot;avante_ext_smoove_translatex&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:-40,&quot;sizes&quot;:[]},&quot;avante_ext_smoove_translatey&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:40,&quot;sizes&quot;:[]},&quot;avante_ext_smoove_translatez&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:-140,&quot;sizes&quot;:[]},&quot;avante_ext_is_scrollme&quot;:&quot;false&quot;,&quot;avante_ext_smoove_scalex&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:1,&quot;sizes&quot;:[]},&quot;avante_ext_smoove_scaley&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:1,&quot;sizes&quot;:[]},&quot;avante_ext_smoove_rotatey&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:0,&quot;sizes&quot;:[]},&quot;avante_ext_smoove_rotatez&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:0,&quot;sizes&quot;:[]},&quot;avante_ext_smoove_skewx&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:0,&quot;sizes&quot;:[]},&quot;avante_ext_smoove_skewy&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:0,&quot;sizes&quot;:[]},&quot;avante_ext_smoove_perspective&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:1000,&quot;sizes&quot;:[]},&quot;avante_ext_is_parallax_mouse&quot;:&quot;false&quot;,&quot;avante_ext_is_infinite&quot;:&quot;false&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Risk-Based Auditing <\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6029fb4c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6029fb4c\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-148554ed\" data-id=\"148554ed\" data-element_type=\"column\" data-settings=\"{&quot;avante_ext_is_scrollme&quot;:&quot;false&quot;,&quot;avante_ext_is_smoove&quot;:&quot;false&quot;,&quot;avante_ext_is_parallax_mouse&quot;:&quot;false&quot;,&quot;avante_ext_is_infinite&quot;:&quot;false&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1c13b903 elementor-widget__width-inherit elementor-widget elementor-widget-heading\" data-id=\"1c13b903\" data-element_type=\"widget\" data-settings=\"{&quot;avante_ext_is_smoove&quot;:&quot;true&quot;,&quot;avante_ext_smoove_disable&quot;:&quot;769&quot;,&quot;avante_ext_smoove_duration&quot;:1000,&quot;avante_ext_smoove_rotatex&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:-90,&quot;sizes&quot;:[]},&quot;avante_ext_smoove_translatey&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:40,&quot;sizes&quot;:[]},&quot;avante_ext_smoove_translatez&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:-140,&quot;sizes&quot;:[]},&quot;avante_ext_is_scrollme&quot;:&quot;false&quot;,&quot;avante_ext_smoove_scalex&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:1,&quot;sizes&quot;:[]},&quot;avante_ext_smoove_scaley&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:1,&quot;sizes&quot;:[]},&quot;avante_ext_smoove_rotatey&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:0,&quot;sizes&quot;:[]},&quot;avante_ext_smoove_rotatez&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:0,&quot;sizes&quot;:[]},&quot;avante_ext_smoove_translatex&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:0,&quot;sizes&quot;:[]},&quot;avante_ext_smoove_skewx&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:0,&quot;sizes&quot;:[]},&quot;avante_ext_smoove_skewy&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:0,&quot;sizes&quot;:[]},&quot;avante_ext_smoove_perspective&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:1000,&quot;sizes&quot;:[]},&quot;avante_ext_is_parallax_mouse&quot;:&quot;false&quot;,&quot;avante_ext_is_infinite&quot;:&quot;false&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Risk-Based Auditing <\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7f8ecb6 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7f8ecb6\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-5d2305c\" data-id=\"5d2305c\" data-element_type=\"column\" data-settings=\"{&quot;avante_ext_is_scrollme&quot;:&quot;false&quot;,&quot;avante_ext_is_smoove&quot;:&quot;false&quot;,&quot;avante_ext_is_parallax_mouse&quot;:&quot;false&quot;,&quot;avante_ext_is_infinite&quot;:&quot;false&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6e4e6c9 elementor-widget elementor-widget-heading\" data-id=\"6e4e6c9\" data-element_type=\"widget\" data-settings=\"{&quot;avante_ext_is_scrollme&quot;:&quot;false&quot;,&quot;avante_ext_is_smoove&quot;:&quot;false&quot;,&quot;avante_ext_is_parallax_mouse&quot;:&quot;false&quot;,&quot;avante_ext_is_infinite&quot;:&quot;false&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">What is Risk-based auditing?<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dc8425d elementor-widget elementor-widget-text-editor\" data-id=\"dc8425d\" data-element_type=\"widget\" data-settings=\"{&quot;avante_ext_is_scrollme&quot;:&quot;false&quot;,&quot;avante_ext_is_smoove&quot;:&quot;false&quot;,&quot;avante_ext_is_parallax_mouse&quot;:&quot;false&quot;,&quot;avante_ext_is_infinite&quot;:&quot;false&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.21.0 - 30-04-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p><span style=\"color: #222222; font-family: Arial, sans-serif; font-size: 12pt; background-color: rgba(255, 255, 255, 0); letter-spacing: 0px;\">Risk-based auditing ensures that the internal audit activity is focusing its efforts on providing assurance and advisory services related to the organization&#8217;s top risks. Traditional audit plans tend to focus on the controls you already have in place and whether or not they\u2019re functioning correctly. Risk-based internal audits start by examining the inherent risks your company faces and then seek to correct and reframe your controls according to what risks are the most urgent and have the most potential for loss .\u00a0<\/span><span style=\"color: #222222; font-family: Arial, sans-serif; font-size: 12pt; background-color: rgba(255, 255, 255, 0); letter-spacing: 0px;\">This technique is more in keeping with an enterprise risk management (ERM) approach, as it examines the organization as a whole rather than by department, as in a traditional audit methodology.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-49eeb7f\" data-id=\"49eeb7f\" data-element_type=\"column\" data-settings=\"{&quot;avante_ext_is_scrollme&quot;:&quot;false&quot;,&quot;avante_ext_is_smoove&quot;:&quot;false&quot;,&quot;avante_ext_is_parallax_mouse&quot;:&quot;false&quot;,&quot;avante_ext_is_infinite&quot;:&quot;false&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1ea81f1 elementor-widget elementor-widget-heading\" data-id=\"1ea81f1\" data-element_type=\"widget\" data-settings=\"{&quot;avante_ext_is_scrollme&quot;:&quot;false&quot;,&quot;avante_ext_is_smoove&quot;:&quot;false&quot;,&quot;avante_ext_is_parallax_mouse&quot;:&quot;false&quot;,&quot;avante_ext_is_infinite&quot;:&quot;false&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Risk based auditing with Z Horse <\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9dfff19 elementor-widget elementor-widget-text-editor\" data-id=\"9dfff19\" data-element_type=\"widget\" data-settings=\"{&quot;avante_ext_is_scrollme&quot;:&quot;false&quot;,&quot;avante_ext_is_smoove&quot;:&quot;false&quot;,&quot;avante_ext_is_parallax_mouse&quot;:&quot;false&quot;,&quot;avante_ext_is_infinite&quot;:&quot;false&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul>\n<li><ul type=\"disc\">\n <li class=\"MsoNormal\" style=\"color: rgb(34, 34, 34); line-height: normal; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;\"><span lang=\"EN-US\" style=\"font-size:12.0pt;font-family:\n     &quot;Arial&quot;,sans-serif;mso-fareast-font-family:&quot;Times New Roman&quot;;mso-ansi-language:\n     EN-US;mso-fareast-language:ES-CO\">Plan the audits with their phases,\n     tasks, owners, and deadlines.<o:p><\/o:p><\/span><\/li>\n <li class=\"MsoNormal\" style=\"color: rgb(34, 34, 34); line-height: normal; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;\"><span lang=\"EN-US\" style=\"font-size:12.0pt;font-family:\n     &quot;Arial&quot;,sans-serif;mso-fareast-font-family:&quot;Times New Roman&quot;;mso-ansi-language:\n     EN-US;mso-fareast-language:ES-CO\">Track the plan execution and receive\n     activity completion notifications.<o:p><\/o:p><\/span><\/li>\n <li class=\"MsoNormal\" style=\"color: rgb(34, 34, 34); line-height: normal; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;\"><span lang=\"EN-US\" style=\"font-size:12.0pt;font-family:\n     &quot;Arial&quot;,sans-serif;mso-fareast-font-family:&quot;Times New Roman&quot;;mso-ansi-language:\n     EN-US;mso-fareast-language:ES-CO\">Design the audit evidence that will be\n     applied in the plans.<o:p><\/o:p><\/span><\/li>\n <li class=\"MsoNormal\" style=\"color: rgb(34, 34, 34); line-height: normal; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;\"><span lang=\"EN-US\" style=\"font-size:12.0pt;font-family:\n     &quot;Arial&quot;,sans-serif;mso-fareast-font-family:&quot;Times New Roman&quot;;mso-ansi-language:\n     EN-US;mso-fareast-language:ES-CO\">Link the regulatory documents that will\n     be reviewed in the audit tests.<o:p><\/o:p><\/span><\/li>\n <li class=\"MsoNormal\" style=\"color: rgb(34, 34, 34); line-height: normal; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;\"><span lang=\"EN-US\" style=\"font-size:12.0pt;font-family:\n     &quot;Arial&quot;,sans-serif;mso-fareast-font-family:&quot;Times New Roman&quot;;mso-ansi-language:\n     EN-US;mso-fareast-language:ES-CO\">Manage the documentation that will be\n     used as a reference in the audit.<o:p><\/o:p><\/span><\/li>\n <li class=\"MsoNormal\" style=\"color: rgb(34, 34, 34); line-height: normal; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;\"><span lang=\"EN-US\" style=\"font-size:12.0pt;font-family:\n     &quot;Arial&quot;,sans-serif;mso-fareast-font-family:&quot;Times New Roman&quot;;mso-ansi-language:\n     EN-US;mso-fareast-language:ES-CO\">Record the results of the audit tests\n     conducted by the audit team.<o:p><\/o:p><\/span><\/li>\n <li class=\"MsoNormal\" style=\"color: rgb(34, 34, 34); line-height: normal; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;\"><span lang=\"EN-US\" style=\"font-size:12.0pt;font-family:\n     &quot;Arial&quot;,sans-serif;mso-fareast-font-family:&quot;Times New Roman&quot;;mso-ansi-language:\n     EN-US;mso-fareast-language:ES-CO\">Record the findings and all the\n     documentation resulting from the audit.<o:p><\/o:p><\/span><\/li>\n <li class=\"MsoNormal\" style=\"color: rgb(34, 34, 34); line-height: normal; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;\"><span lang=\"EN-US\" style=\"font-size:12.0pt;font-family:\n     &quot;Arial&quot;,sans-serif;mso-fareast-font-family:&quot;Times New Roman&quot;;mso-ansi-language:\n     EN-US;mso-fareast-language:ES-CO\">Get reports on the results of the audit\n     plan execution.<o:p><\/o:p><\/span><\/li>\n<\/ul><\/li>\n<\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e71fd61 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e71fd61\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7cd1a3d\" data-id=\"7cd1a3d\" data-element_type=\"column\" data-settings=\"{&quot;avante_ext_is_scrollme&quot;:&quot;false&quot;,&quot;avante_ext_is_smoove&quot;:&quot;false&quot;,&quot;avante_ext_is_parallax_mouse&quot;:&quot;false&quot;,&quot;avante_ext_is_infinite&quot;:&quot;false&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7ce9edc elementor-widget elementor-widget-heading\" data-id=\"7ce9edc\" data-element_type=\"widget\" data-settings=\"{&quot;avante_ext_is_scrollme&quot;:&quot;false&quot;,&quot;avante_ext_is_smoove&quot;:&quot;false&quot;,&quot;avante_ext_is_parallax_mouse&quot;:&quot;false&quot;,&quot;avante_ext_is_infinite&quot;:&quot;false&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Go Beyond with Z Horse <\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bb0f797 elementor-widget elementor-widget-text-editor\" data-id=\"bb0f797\" data-element_type=\"widget\" data-settings=\"{&quot;avante_ext_is_scrollme&quot;:&quot;false&quot;,&quot;avante_ext_is_smoove&quot;:&quot;false&quot;,&quot;avante_ext_is_parallax_mouse&quot;:&quot;false&quot;,&quot;avante_ext_is_infinite&quot;:&quot;false&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul><li><ul type=\"disc\"><li class=\"MsoNormal\" style=\"color: #222222; line-height: normal; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;\"><span lang=\"EN-US\" style=\"font-size: 12.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ES-CO;\">You can get online reports on the most critical risks for the organization and the current status of the controls in order to plan the key audit activities<\/span><\/li><li class=\"MsoNormal\" style=\"color: #222222; line-height: normal; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;\"><span lang=\"EN-US\" style=\"font-size: 12.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ES-CO;\">You can manage the findings from the previous audit periods, seeing the activities carried out and the evidence of their management and follow-up.<\/span><\/li><li class=\"MsoNormal\" style=\"color: #222222; line-height: normal; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;\"><span lang=\"EN-US\" style=\"font-size: 12.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ES-CO;\">You can assess the level of compliance with the regulations, standards, or policies.<\/span><\/li><li class=\"MsoNormal\" style=\"color: #222222; line-height: normal; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;\"><span lang=\"EN-US\" style=\"font-size: 12.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ES-CO;\">Create and follow up on actions plans.<\/span><\/li><\/ul><\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6af9ed2 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6af9ed2\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-top-column elementor-element elementor-element-f26f94b\" data-id=\"f26f94b\" data-element_type=\"column\" data-settings=\"{&quot;avante_ext_is_scrollme&quot;:&quot;false&quot;,&quot;avante_ext_is_smoove&quot;:&quot;false&quot;,&quot;avante_ext_is_parallax_mouse&quot;:&quot;false&quot;,&quot;avante_ext_is_infinite&quot;:&quot;false&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-ddc5d39\" data-id=\"ddc5d39\" data-element_type=\"column\" data-settings=\"{&quot;avante_ext_is_scrollme&quot;:&quot;false&quot;,&quot;avante_ext_is_smoove&quot;:&quot;false&quot;,&quot;avante_ext_is_parallax_mouse&quot;:&quot;false&quot;,&quot;avante_ext_is_infinite&quot;:&quot;false&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f9fa53a elementor-button-info elementor-align-center elementor-widget elementor-widget-button\" data-id=\"f9fa53a\" data-element_type=\"widget\" data-settings=\"{&quot;avante_ext_is_scrollme&quot;:&quot;false&quot;,&quot;avante_ext_is_smoove&quot;:&quot;false&quot;,&quot;avante_ext_is_parallax_mouse&quot;:&quot;false&quot;,&quot;avante_ext_is_infinite&quot;:&quot;false&quot;}\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-md\" href=\"https:\/\/zhorse.net\/contact-us\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">REQUEST A DEMO<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-top-column elementor-element elementor-element-9d6eb57\" data-id=\"9d6eb57\" data-element_type=\"column\" data-settings=\"{&quot;avante_ext_is_scrollme&quot;:&quot;false&quot;,&quot;avante_ext_is_smoove&quot;:&quot;false&quot;,&quot;avante_ext_is_parallax_mouse&quot;:&quot;false&quot;,&quot;avante_ext_is_infinite&quot;:&quot;false&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Applications Risk-Based Auditing Risk-Based Auditing What is Risk-based auditing? Risk-based auditing ensures that the internal audit activity is focusing its efforts on providing assurance and advisory services related to the organization&#8217;s top risks. Traditional audit plans tend to focus on [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":10747,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Risk-Based Auditing - Z Horse - GRC \/ ERM Software<\/title>\n<meta name=\"description\" content=\"Achieve audit excellence with ERM\/GRC software&#039;s risk-based approach. Efficiently allocate resources and enhance decision-making. Try it now.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/zhorse.net\/applications\/risk-based-auditing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Risk-Based Auditing - Z Horse - GRC \/ ERM Software\" \/>\n<meta property=\"og:description\" content=\"Achieve audit excellence with ERM\/GRC software&#039;s risk-based approach. Efficiently allocate resources and enhance decision-making. 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